Wed Nov 19 10:50:00 UTC 2025: Tenneco Clean Air IPO Allotment Finalized, Listing Expected to Soar

Mumbai, November 17, 2025 – The allotment status for Tenneco Clean Air India’s initial public offering (IPO) has been finalized, following a strong investor response to the IPO which was open for subscription from November 12th to 14th. The company, a subsidiary of Tenneco Inc., is set to list its shares on the BSE and NSE on November 19th.

Successful applicants will see shares credited to their Demat accounts, while refunds for unsuccessful bidders will be initiated on November 18th. Investors can check their allotment status on the BSE and NSE websites, as well as the IPO registrar, MUFG Intime India Pvt. Ltd.

The IPO witnessed overwhelming demand, being subscribed 61.79 times overall. Qualified Institutional Buyers (QIBs) showed exceptional interest, subscribing 174.78 times their allocated portion. The non-institutional investor segment was booked 42 times, while the retail quota saw a more modest subscription of 5.37 times.

The grey market premium (GMP) for Tenneco Clean Air shares currently stands at ₹125 per share, suggesting a listing price of around ₹522, a significant 31.5% premium over the issue price of ₹397.

Analysts cite Tenneco Clean Air’s strong market position, global R&D capabilities, and focus on capturing opportunities in stricter emission norms and the shift to electric vehicles as key factors driving investor confidence. Brokerages also highlight the company’s robust financial performance and favorable industry tailwinds.

Read More